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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Businessmen: Stimulus Package For Low-Income Bank Debtors Unfair
Banks-Insurance

Businessmen: Stimulus Package For Low-Income Bank Debtors Unfair

Romania’s planned fiscal measures aimed to help low- and medium-income borrowers repay their bank loans will speed up the repayment pace, but the package is not fair toward other categories...

Florentina Dragu · 04.02.2014 · 16:04 · 1 min
IMF Expects Romania’s Debt Relief Program To Boost Lending, Consumption - PM
Banks-Insurance

IMF Expects Romania’s Debt Relief Program To Boost Lending, Consumption - PM

The International Monetary Fund expects Romania’s stimulus package for bank debtors will jump-start lending recovery and boost domestic consumption, Romanian Prime Minister Victor Ponta said...

Florentina Dragu · 04.02.2014 · 14:21 · 1 min
IMF/EU: Romania Deal On Track; Spending Freeze To Counter Fuel Tax Delay
Macroeconomics

IMF/EU: Romania Deal On Track; Spending Freeze To Counter Fuel Tax Delay

The International Monetary Fund and the European Commission on Tuesday said Romania’s economic program under a EUR4 billion precautionary deal remains broadly on track amid signs of recoveri...

Florentina Dragu · 04.02.2014 · 13:44 · 1 min
Millennium Bank Romania 2013 Loss Narrows To EUR6M
Banks-Insurance

Millennium Bank Romania 2013 Loss Narrows To EUR6M

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, reported a loss of EUR5.9 million in 2013, sharply narrower on the year, helped by higher income and declini...

Florentina Dragu · 04.02.2014 · 11:34 · 1 min
Leu Firms Vs Euro In Early Trade, Attuned To Region
Capital Market

Leu Firms Vs Euro In Early Trade, Attuned To Region

Romania’s leu advanced against the euro Tuesday morning, tracking the currencies in the region as investor sentiment improved following last week’s selloff.

Florentina Dragu · 04.02.2014 · 10:57 · 1 min
December Producer Prices +0.1% On Month, -0.1% On Year
Macroeconomics

December Producer Prices +0.1% On Month, -0.1% On Year

Romania’s industrial producer price index inched up 0.1% on average in December compared with a month earlier, on modest price increases in most sectors, the country’s statistics institute I...

Florentina Dragu · 04.02.2014 · 10:00 · 1 min
Romania Reschedules Bill Auction Due To Adverse Market Conditions
Banks-Insurance

Romania Reschedules Bill Auction Due To Adverse Market Conditions

Romania’s Finance Ministry postponed until February 20 a sale of one-year treasury bills originally scheduled for today, citing unfavorable conditions both in international markets and at ho...

Florentina Dragu · 03.02.2014 · 18:00 · 1 min
OTP: Bank Depositors Growing Increasingly Unhappy With Interest Rates
Banks-Insurance

OTP: Bank Depositors Growing Increasingly Unhappy With Interest Rates

Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of O...

Florentina Dragu · 03.02.2014 · 14:23 · 1 min
Romania January Forex Reserves Rise To EUR32.9B
Banks-Insurance

Romania January Forex Reserves Rise To EUR32.9B

Romanian foreign exchange reserves rose to EUR32.91 billion in January, from EUR32.52 billion a month earlier, central bank data showed Monday.

Florentina Dragu · 03.02.2014 · 13:30 · 1 min
Leu’s Exchange Rate Strengthens To 4.4935 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens To 4.4935 Vs Euro

The Romanian leu edged higher against the euro in the first half of the trading session Monday, and the central bank’s reference firmed to 4.4935 units, the strongest rate this year.

Florentina Dragu · 03.02.2014 · 13:22 · 1 min
Proprietatea Fund Approves RON677M Capital Decrease
Capital Market

Proprietatea Fund Approves RON677M Capital Decrease

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved lowering the fund’s share capital by 676.9 million lei (EUR150.5 million) to RON12.86 billion by reducing the face val...

Florentina Dragu · 03.02.2014 · 12:07 · 1 min
Leu Stable Vs Euro In Thin Early Trading
Capital Market

Leu Stable Vs Euro In Thin Early Trading

The Romanian leu showed little movement against the euro in early trade Monday, amid a quiet market.

Florentina Dragu · 03.02.2014 · 10:54 · 1 min